Some of Britain's leading corporate bosses are expected to raise concerns about Brexit's potential impact on their UK workforces during talks this week with Theresa May. Sky News understands that bosses from companies including BT, ITV (Frankfurt: A0BLQP - news) , Legal & General (LSE: LGEN.L - news) , Lloyds Banking Group and Virgin Money have been invited to a meeting on Thursday with the Prime Minister. Senior (Other OTC: SNIRF - news) figures from leading business lobbying groups such as the Confederation of British Industry (CBI) will also attend, according to a Whitehall source.

Michael Gove has warned water companies that they must change their conduct or face tougher regulation. In a speech to bosses of the UK's main water suppliers, Mr Gove said the industry had not been "acting sufficiently in the public interest". The Environment Secretary said that shareholders of the nine large English regional water and sewage companies received £18.1bn between 2007 and 2016.

Britain should enter a new customs union with the European Union, opposition Labour leader Jeremy Corbyn said on Monday, setting up a possible parliamentary defeat for Prime Minister Theresa May who has vowed to leave the arrangement after Brexit. After months watching May's Conservatives voice deep divisions on the EU without committing himself to a clear vision of life outside the bloc, Corbyn said he wanted a "bespoke" customs union with exemptions for Britain on a number of issues.

Hundreds of sub-postmasters have secured funding for a class action lawsuit against the state-owned Post Office following an IT fiasco which left them accused of false accounting or theft. Sky News has learnt that Therium Capital Management, a specialist litigation funder, has agreed to back the ‎claim, which has attracted more than 550 participants to date. Some of those affected by flaws in the Horizon accounting system were sent to prison for false accounting, with a substantial number losing their homes or being declared bankrupt as a consequence of their loss of income.

Royal Mail, which has 142,000 employees in Britain, reached an agreement over pensions, pay, a shorter working week, culture and operational changes, it said in a statement. The CWU has been at odds with Royal Mail since last April over its plans to replace the defined benefit pension scheme and had threatened to strike if an agreement could not be reached through mediation.

Britain's Royal Mail (LSE: RMG.L - news) and the Communications Workers Union (CWU) said on Thursday they had reached an agreement to end a nearly 10-month dispute over plans to replace the firm's defined benefit pension scheme, sending its shares higher. Royal Mail, which has 142,000 employees in Britain, reached an agreement over pensions, pay, a shorter working week, culture and operational changes, it said in a statement.

"We have reached a negotiators agreement with Royal Mail Group," the union said on Twitter. The proposed agreement will be considered by the CWU's postal executive committee next week and then be put to a vote for CWU members and approval by the Royal Mail's board. The CWU has been at odds with Royal Mail since April over its plans to save billions of pounds on its pension contributions and has attempted to call a strike.

Britain's Royal Mail (LSE: RMG.L - news) and the Communications Workers Union (CWU) said on Friday negotiators had finalised the details of a proposed agreement to end a row over plans to replace the firm's defined benefit pension scheme. "We have reached a negotiators agreement with Royal Mail Group," the union said on Twitter (Frankfurt: A1W6XZ - news) . The proposed agreement will be considered by the CWU's postal executive committee next week and then be put to a vote for CWU members and approval by the Royal Mail's board.

Parcel volumes during the period rose 6 percent, with 149 million parcels handled over the key December trading period. The company said it now expects addressed letter volumes to be in the middle of the 4-6 percent decline range it had previously forecast for the full year. Letters performance was better-than-expected, with addressed letter volumes down 5 percent in the nine-month period, Royal Mail said.

Royal Mail (LSE: RMG.L - news) on Thursday reported a rise in nine-month revenue, helped by higher parcel volumes and strength in its international business. Parcel volumes during the period rose 6 percent, with 149 million parcels handled over the key December trading period. The company said it now expects addressed letter volumes to be in the middle of the 4-6 percent decline range it had previously forecast for the full year.

The owner of the MusicMagpie website, which helps consumers trade in unwanted ‎games consoles and mobile phones, is plotting a swoop onto the London stock market. Sky News has learnt that Entertainment Magpie Holdings has asked investment banks to pitch for a role on an initial public offering of the company's shares later this year. The timing of a float has yet to be decided, and will partly depend on the company's performance in the important post-Christmas trading period, according to City sources.

The claims, launched in the Employment Tribunal by GMB union, alleges a "failure by Royal Mail to pay the Parcelforce drivers the national minimum wage and holiday pay," law firm Leigh Day said in an email. The drivers also claim Royal Mail Group should give them "paternity pay, sick pay and employee protections such as protection from discrimination." The couriers are classed as self-employed and not entitled to the same right as employees, the law firm added. A first hearing will be held at the Employment Tribunal on Feb. 16.

Dec (Shanghai: 600875.SS - news) 12 (Reuters) - Four courier drivers at Royal Mail (LSE: RMG.L - news) have filed a legal action against the company over employment rights, the law firm representing the workers said on Tuesday. The claims, launched in the Employment Tribunal by GMB union, alleges a "failure by Royal Mail to pay the Parcelforce drivers the national minimum wage and holiday pay," law firm Leigh Day said in an email. The drivers also claim Royal Mail should give them "paternity pay, sick pay and employee protections such as protection from discrimination." The couriers are classed as self-employed and not entitled to the same right as employees, the law firm added.

The CWU has been at odds with Royal Mail since April over its plans to save billions of pounds on its pension contributions and has attempted to call a strike. "Mediation has helped both parties to better understand their respective positions," Royal Mail said. Royal Mail, which appointed Lynette Harris of Britain's Central Arbitration Committee in October to mediate, said the mediator recommended Royal Mail and CWU commit to introducing a collective defined contribution (CDC) scheme with a defined benefit element.

Dec (Shanghai: 600875.SS - news) 6 (Reuters) - Britain's Royal Mail (LSE: RMG.L - news) said on Wednesday its mediated talks with the Communications Workers Union (CWU) to end a row over plans to replace the firm's defined benefit pension scheme were advancing. The CWU has been at odds with Royal Mail since April over its plans to save billions of pounds on its pension contributions and has attempted to call a strike. "Mediation has helped both parties to better understand their respective positions," Royal Mail said.